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1846066

全球熱回收蒸汽產生器市場規模（按設計、應用、額定功率、最終用戶、區域範圍和預測）

Global Heat Recovery Steam Generator Market Size By Design, By Application, By Power Rating, By End-User By Geographic Scope And Forecast

出版日期: 2025年09月09日 | 出版商:

Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格

簡介目錄

熱回收蒸汽產生器的市場規模及預測

預計 2024 年熱回收蒸汽產生器市場價值將達到 15.2 億美元，2031 年將達到 21 億美元，2024 年至 2031 年的複合年成長率為 4.53%。

聯合循環發電廠利用一種名為餘熱回收蒸汽產生器(HRSG) 的熱交換器來回收燃氣渦輪機廢氣中的廢熱。這些熱能被轉化為蒸氣，然後用於驅動蒸氣渦輪並產生更多電力。 HRSG 旨在透過最佳化燃氣渦輪機燃料的能量產生量來提高整個發電廠的效率。現代發電系統需要這項技術來提高性能和永續。

鑑於全球日益重視能源效率和低碳排放，餘熱鍋爐（HRSG）是一個頗具前景的選擇。材料科學與工程領域的發展有望提高HRSG系統的可靠性和性能，使其能夠在更高的壓力和溫度下運作。

隨著企業和公用事業公司尋求整合再生能源來源並減少碳排放，餘熱鍋爐 (HRSG) 對於最大限度地提高熱電聯產 (CHP) 系統和工業流程的效率至關重要。智慧電網技術的進步和更完善的監控系統將推動 HRSG 應用和設計的新發展。

全球熱回收蒸汽產生器市場動態

影響全球熱回收蒸汽產生器市場的關鍵市場動態是：

主要市場促進因素：

清潔能源需求不斷成長，溫室氣體排放減少：隨著全球大力發展綠色能源來源，使用餘熱蒸氣(HRSG) 的聯合循環發電廠越來越受歡迎。國際能源總署 (IEA) 預測，到 2040 年，全球能源需求將以每年 2.1% 的速度成長，其中低碳能源來源將佔成長的一半以上。

工業製程能源效率日益受到重視：為了降低成本並提高整體能源效率，越來越多的產業採用餘熱回收系統。根據美國能源局的數據，餘熱佔工業能源消耗的20%至50%，為餘熱鍋爐（HRSG）的應用提供了巨大的機會。

熱電聯產 (CHP) 和汽電共生系統的成長：熱電聯產和汽電共生系統在許多領域的興起，推動了對餘熱鍋爐 (HRSG) 的需求。根據國際能源總署 (IEA) 的預測，全球汽電共生系統的裝置容量預計將從 2015 年的約 595 吉瓦成長到 2030 年的 1,000 吉瓦。

主要挑戰

熱回收蒸汽產生器(HRSG) 市場面臨許多技術和監管挑戰。從技術角度來看，將 HRSG 整合到現有系統中非常複雜，需要精心規劃和協調。此外，HRSG 的運作和維護成本高昂，並且容易受到腐蝕和結垢等問題的影響，從而降低其效率和使用壽命。從監管角度來看，取得授權和確保遵守環境法規非常耗時，而且這些法規的動態性使得企業難以隨時了解最新情況。這些挑戰共同影響 HRSG 的採用和運作效率。

經濟問題：安裝餘熱蒸汽產生器(HRSG) 面臨著巨大的經濟挑戰，主要是因為其所需的初始投資較高，這對許多行業來說可能是一個巨大的障礙。初始成本不僅包括設備成本，還包括相關的基礎設施和安裝成本。此外，計算投資收益(ROI) 也很困難，尤其是在能源成本波動較大的產業。這種不確定性使得投資回收期難以預測，並可能阻礙大規模的資本支出。

環境問題：與餘熱鍋爐 (HRSG) 相關的環境挑戰包括遵守嚴格排放法規的複雜性和成本，這可能是一個重大障礙。此外，HRSG 需要用水，這引發了人們對水質和消費量的擔憂，需要精心管理，以防止環境惡化並確保永續運作。

主要趨勢：

數位化與先進技術的融合：熱回收蒸汽產生器(HRSG) 市場正在快速發展，這得益於技術進步，這些技術進步提高了效率並降低了燃料消耗。 HRSG 設計、材料和操作方法的創新在性能提升方面發揮關鍵作用。此外，先進控制系統與物聯網 (IoT) 和人工智慧 (AI) 等數位技術的整合正在最佳化 HRSG 的監控、維護和運行，使其運行更加精準和高效。

與可再生能源的整合另一個重要趨勢是餘熱鍋爐 (HRSG) 與再生能源來源的整合，尤其是複合迴圈。將 HRSG 與太陽能和風能結合，可提高整體系統效率並減少排放。此外，HRSG 還可用於回收地熱和生質能等再生能源來源的餘熱，從而進一步促進蒸氣發電並提高能源回收。

日益重視永續性：永續性正成為餘熱鍋爐 (HRSG) 市場的核心關注點，其重點在於減少排放和支持循環經濟。透過回收和利用餘熱，HRSG 有助於減少溫室氣體排放，使其成為尋求最大限度減少環境影響的行業的理想選擇。 HRSG 透過回收餘熱促進循環經濟，從而減少了對新能源來源的需求，並符合全球永續性目標。

擴展應用：餘熱鍋爐 (HRSG) 正在探索新的應用領域。除了傳統應用外，HRSG 現已應用於區域供熱系統，有助於減少對石化燃料的依賴並提高能源效率。它們也用於各種工業流程，包括煉油、化學生產和造紙。 HRSG 也用於資料中心的冷卻解決方案，顯著降低能耗並提高營運效率。

Siemens AG
Mitsubishi Hitachi Power Systems Ltd
Sofinter SpA
General Electric Company
Thermax Limited
Alstom SA
Foster Wheeler AG
Technology Transfer Services
Mitsubishi Heavy Industries
Bharat Heavy Electricals Ltd
AE&E Australia Pvt Ltd
Doosan Heavy Industries & Construction Co Ltd
GE Power
ABB
Babcock & Wilcox
Amec Foster Wheeler
Cleaver-Brooks
Nooter/Eriksen Inc
Coepro

第11章市場展望與機遇

新興技術
未來市場趨勢
投資機會

第12章附錄

簡稱列表
來源和參考文獻

簡介目錄

Product Code: 17761

Heat Recovery Steam Generator Market Size And Forecast

Heat Recovery Steam Generator Market size was valued at USD 1.52 Billion in 2024 and is projected to reach USD 2.1 Billion by 2031, growing at a CAGR of 4.53% from 2024 to 2031.

In combined cycle power plants, a form of heat exchanger called a Heat Recovery Steam Generator (HRSG) is utilized to recover waste heat from the exhaust gases of gas turbines. This thermal energy is transformed into steam, which can subsequently be utilized to operate a steam turbine to produce more electricity. By utilizing heat that would otherwise be wasted, the HRSG is intended to increase power plants' overall efficiency by optimizing the amount of energy produced by the fuel used in the gas turbine. Modern power generation systems need this technology to function better and be more sustainable.

The growing emphasis on energy efficiency and lower carbon emissions globally makes HRSGs promising. It is anticipated that developments in materials science and engineering will improve HRSG systems' dependability and performance, allowing them to function at greater pressures and temperatures.

HRSGs will be essential in maximizing the effectiveness of combined heat and power (CHP) systems and industrial processes as enterprises and utilities work to integrate renewable energy sources and lessen their carbon footprint. New developments in HRSG application and design will be fueled in part by the advancement of smart grid technology and better monitoring systems.

Global Heat Recovery Steam Generator Market Dynamics

The key market dynamics that are shaping the global heat recovery steam generator market include:

Key Market Drivers:

Increasing Demand for Clean Energy and Reduction in Greenhouse Gas Emissions: combined cycle power plants, which use heat recovery steam generator (HRSGs), are becoming more and more popular as a result of the global movement toward greener energy sources. The International Energy Agency (IEA) projects that, until 2040, the world's energy demand will increase by 2.1% per year, with low-carbon sources contributing to more than half of this rise.

Rising Focus on Energy Efficiency in Industrial Processes: To reduce costs and increase overall energy efficiency, industries are implementing waste heat recovery systems more frequently. According to the U.S. Department of Energy, waste heat accounts for 20% to 50% of industrial energy use, which means there is an exceptional opportunity to apply HRSG.

Growth in Combined Heat and Power (CHP) and Cogeneration Systems: The need for HRSGs is increasing as a result of the growth of CHP and cogeneration systems in numerous sectors. The installed capacity of cogeneration systems worldwide is expected to increase from roughly 595 GW in 2015 to 1,000 GW by 2030, according to predictions from the International Energy Agency (IEA).

Key Challenges:

Technical and Regulatory Roadblocks: The Heat Recovery Steam Generator (HRSG) market faces several technical and regulatory challenges. Technically, integrating HRSGs with existing systems can be complex, requiring careful planning and coordination. Additionally, the operation and maintenance of HRSGs can be costly, and they are susceptible to issues like corrosion and fouling, which can reduce their efficiency and lifespan. On the regulatory side, obtaining permits and ensuring compliance with environmental regulations can be time-consuming, and the dynamic nature of these regulations makes it challenging for businesses to stay up-to-date. These challenges collectively impact the adoption and operational efficiency of HRSGs.

Concerns Regarding Economics: The installation of a Heat Recovery Steam Generator (HRSG) presents notable economic challenges, primarily due to the high initial investment required, which can be a substantial barrier for many industries. The upfront costs include not only the equipment but also the associated infrastructure and installation expenses. Additionally, calculating the return on investment (ROI) can be difficult, especially in industries where energy costs are volatile. This uncertainty makes it challenging to predict the payback period, leading to potential hesitation in committing to such a significant financial outlay.

Environmental Challenges: Environmental challenges associated with Heat Recovery Steam Generators (HRSGs) include the complexity and cost of ensuring compliance with stringent emissions regulations, which can be a significant hurdle. Additionally, the use of water in HRSGs raises concerns about water quality and consumption, requiring careful management to prevent environmental degradation and ensure sustainable operation.

Key Trends:

Convergence of Digitalization and Advanced Technologies: The Heat Recovery Steam Generator (HRSG) market is evolving rapidly, driven by technological advancements that are enhancing efficiency and reducing fuel consumption. Innovations in HRSG design, materials, and operating methods are playing a key role in improving performance. Additionally, the integration of advanced control systems and digital technologies like IoT and AI is optimizing HRSG monitoring, maintenance, and operation, leading to more precise and efficient functioning.

Integration with Renewable Energy: Another significant trend is the integration of HRSGs with renewable energy sources, particularly in combined cycle systems. By combining HRSGs with solar and wind power, overall system efficiency is increased while emissions are reduced. Moreover, HRSGs are being utilized to recover waste heat from renewable sources such as geothermal and biomass, which further contributes to steam generation and enhances energy recovery.

Rising Focus on Sustainability: Sustainability is becoming a central focus in the HRSG market, with growing emphasis on reducing emissions and supporting a circular economy. By capturing and utilizing waste heat, HRSGs help lower greenhouse gas emissions, making them an attractive option for industries aiming to minimize their environmental impact. Their role in promoting a circular economy by recovering waste heat also reduces the need for new energy sources, aligning with global sustainability goals.

Expanding Applications: The scope of HRSG applications is also expanding into new areas. Beyond traditional uses, HRSGs are now being deployed in district heating systems, which helps reduce reliance on fossil fuels and improve energy efficiency. They are also finding applications in various industrial processes, including refining, chemical production, and paper manufacturing. Additionally, HRSGs are being used To provide cooling solutions for data centers, significantly reducing energy consumption and boosting operational efficiency.

Global Heat Recovery Steam Generator Market Regional Analysis

Here is a more detailed regional analysis of the global heat recovery steam generator market:

North America:

North America is the dominant player in the global heat recovery steam generator (HRSG) market. North America's Heat Recovery Steam Generator (HRSG) industry is thriving, thanks to the region's modern power generation infrastructure and commitment to energy efficiency. The extensive use of combined cycle power plants, which use HRSGs to recover waste heat from gas turbines and generate extra steam power, has been a significant driver of industry expansion. According to the Energy Information Administration (EIA), combined cycle plants accounted for 39% of total US natural gas-fired power production capacity in 2020, up from 28% in 2000. This trend is anticipated to continue, with the EIA estimating that combined cycle plants will account for 45% of total natural gas-fired capacity by 2050.

The HRSG market ahead, the Canadian government's intention to phase out coal-fired energy by 2030 is expected to promote natural gas-fired combined cycle plants, increasing demand for HRSG installations. Natural Resources Canada expects natural gas-fired output to increase from 10% of total electrical generation in 2017 to 15% by 2040. The US Environmental Protection Agency's (EPA) Clean Power Plan seeks to reduce carbon emissions by 32% from 2005 levels by 2030, accelerating the transition to more efficient power technologies such as HRSGs. With renewable energy sources expected to account for up to 80% of U.S. electricity by 2050, HRSG-equipped combined cycle plants will become even more valuable for grid stability and load balancing.

Asia Pacific:

The Asia-Pacific heat recovery steam generator (HRSG) market is expanding, driven by growing industrialization, urbanization, and rising demand for energy-efficient technology. Key countries including China, India, and South Korea are driving this expansion by implementing HRSGs to improve power-generating efficiency and reduce environmental impact. According to the International Energy Agency (IEA), energy demand in the Asia-Pacific area is expected to increase at a 3.1% annual rate until 2030, above the global average of 2.1%. This rising energy demand drives the demand for HRSGs, which aid in the optimization of energy use in combined cycle power plants. China, the region's largest energy consumer, is significantly advancing HRSG adoption, with its combined heat and power (CHP) capacity reaching 200 GW by 2020, and plans to increase it further.

The HRSG market's expansion is further aided by the region's plentiful natural gas resources and government measures to improve energy efficiency. The Asia Pacific Energy Research Centre predicts a 1.7% yearly growth in natural gas usage, which coincides with the construction of combined cycle power plants that use HRSGs. Furthermore, South Korea's energy policy, which includes a major increase in LNG utilization, demonstrates a commitment to high-efficiency combined cycle plants. Looking ahead, the Asian Development Bank expects a 30% increase in energy demand in developing Asia by 2030, highlighting the importance of efficient technology such as HRSGs.

Furthermore, the transition to renewable energy, with the International Renewable Energy Agency (IRENA) estimating a doubling of renewable energy share in Southeast Asia's primary energy mix by 2025, would strengthen HRSGs' role in preserving grid stability and balancing renewable energy sources.

Global Heat Recovery Steam Generator Market: Segmentation Analysis

The Global Heat Recovery Steam Generator Market is Segmented on the basis of Design, Application, Power Rating, End-User, And Geography.

Heat Recovery Steam Generator Market, By Design

Horizontal Drum

Vertical Drum

Based on Design, the market is bifurcated into Horizontal Drum and Vertical Drum. The Horizontal Drum heat recovery steam generator (HRSG) category now dominates the market owing to its established design and adaptability. Vertical Drum HRSGs are growing at the fastest rate, particularly in space-constrained applications and for smaller-scale installations. Their tiny size and ease of installation make them appealing solutions for a variety of sectors.

Heat Recovery Steam Generator Market, By Application

Cogeneration

Combined Cycle

Based on Application, the market is segmented into Cogeneration and Combined Cycle. The Combined Cycle HRSG category is now the market leader due to its high efficiency and capacity to generate both power and process heat. However, the Cogeneration HRSG market is expanding the fastest, driven by rising demand for sustainable and efficient energy solutions. Cogeneration plants save considerable amounts of energy and have a low environmental impact, making them appealing to a wide range of sectors.

Heat Recovery Steam Generator Market, By Power Rating

Up to 30 MW

31 MW - 100 MW

Above 100 MW

Based on Power Rating, the market is segmented into Up to 30 MW, 31 MW - 100 MW, and Above 100 MW. The Above 100 MW HRSG sector is now the market leader due to its capacity to manage large-scale power generation and industrial activities. The Up to 30 MW HRSG market is expanding the fastest, driven by rising demand for smaller-scale, decentralized energy solutions. These smaller units provide flexibility and lower capital costs, making them appealing solutions for a variety of applications.

Heat Recovery Steam Generator Market, By End-User

Utility

Chemicals

Refineries

Pulp & Paper

Based on End-User, the market is segmented into Utility, Chemicals, Refineries, and Pulp & Paper. The utility segment currently dominates the Heat Recovery Steam Generator (HRSG) market because of its widespread use in combined cycle power plants, which are critical to increasing energy efficiency and reducing emissions in large-scale power generation. The growing global emphasis on energy efficiency and environmental restrictions has cemented the utility segment's dominant position. The chemicals segment is the fastest expanding, owing to the industry's increasing demand for effective energy management and lower operational costs. The use of HRSGs in chemical facilities aids in waste heat recovery, improving overall energy efficiency and supporting sustainable practices in a constantly developing industry.

Heat Recovery Steam Generator Market, By Geography

North America

Europe

Asia Pacific

Rest of the World

On the basis of geographical analysis, the Global Heat Recovery Steam Generator Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region has long been a dominant player in the HRSG market, thanks to mature infrastructure and an emphasis on energy efficiency. However, the Asia-Pacific region is experiencing the fastest growth as a result of rapid industrialization, urbanization, and rising energy consumption. Government programs promoting renewable energy and energy efficiency are also contributing to this surge.

Key Players

The "Global Heat Recovery Steam Generator Market" study report will provide valuable insight with an emphasis on the global market. Siemens AG, Mitsubishi Hitachi Power Systems Ltd, Sofinter SpA, General Electric Company, Thermax Limited, Alstom SA, Foster Wheeler AG, Technology Transfer Services, Mitsubishi Heavy Industries, Bharat Heavy Electricals Ltd, AE&E Australia Pvt Ltd, Doosan Heavy Industries & Construction Co Ltd, GE Power, ABB, Babcock & Wilcox, Amec Foster Wheeler, Cleaver-Brooks, Nooter/Eriksen Inc., and Coepro. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Heat Recovery Steam Generator Market Recent Developments
In May 2021, GE signed an EPC contract with Summit Meghnaghat-II Power Company Limited (SMPCL). Under the turnkey EPC contract, GE will provide a gas turbine, three-phase level with reheater drum type heat recovery steam generator (HRSG), steam and gas turbine, along with the balance of plant solutions.
In January 2021, GE secured the order to deliver power plant equipment for the Tongyeong combined cycle power plant in South Korea. The company will supply its steam turbine, gas turbine, two heat recovery steam generators (HRSG), and three G65 generators.
In November 2020, BHI Co. Ltd completed the purchase of the Forster Heat Recovery Steam Generator (HRSG) technology from the subsidiary of Wood. This enables BHI Co. Ltd to increase its position as a major supplier of power generation equipment.
In November 2020, GE secured the order to supply power generation equipment for Naepo Green Energy Co. Ltd's heating plant in Naepo City, South Korea. The order includes the supply of a heat recovery steam generator (HRSG), a gas turbine, with an H65 generator, one GE condenser, and maintenance of equipment for 19 years.